Abraham Anderson
$1,300,000 Deal at Age 21 & I'm Retired!
Yesterday (7/31) I closed on a $1.3M, 20 unit apartment deal that's going to net me a passive, positive cashflow of $3,000/month. This is after ALL expenses (PITI, PM fees, repairs, vacancy, capex fund, etc). My perso...
Greg Moore
Anyone moving their investments to Bitcoin?
After watching a YouTube video from Ken McElroy stating 2020 is a wash, 2021 is the time to save up, and 2022 is likely the time to buy (when properties shift from motivated sellers to foreclosures to REO) I decided t...
Wade Kulesa
Is Dave Ramsey correct? Anyone still around after 10 years?
I've been on the Dave Ramsey bandwagon for the last several years. His advice definitely worked to get us out of debt and allow us to save a pile of cash. But as I look to get more into real estate investing, there's ...
Robin Simon
Medium Term Rentals - Next Big Thing?
Are "Medium Term Rentals" (1-2 month stays) the next big thing? I tend to think so as owners can trade max profits for lower costs, booking certainty & perhaps most importantly much lower regulation risk (most STR...
Owen Dashner
Poof - 2 years of cashflow on 3 houses gone in one day!
Attention skeptical wannabe landlords who think there is NO WAY rental property expenses run 40-50% of income, or that rent minus PITI = cashflow. This post is for you:I always dread the first few hot days of summer....
Dorys Prentice
Can I deny a Rental Applicant based on perceived lying?
I have a SFR that I just put on the rental market after two years of remodeling. The place is brand new from the studs in. I have had a myriad of unqualified people inquire. I did get a request from a person who is...
V.G Jason
Turnkey Feedback for current & future investors
I know if you search turnkey, you get a ton of various feedback. But I wanted to consolidate a bit here. Any recommendations and most importantly any recent horror stories of some.
The most obvious things I notice i...
Derrick E.
One of my keys to success with my low-income tenants
Hey guys, I haven't posted or been on here for a while. Like most of you, I have been very busy with my business as well as life. Just turned over one of my units and got some feedback from one of my tenants, which ha...
Benjamin Williams
1st year college student thinking of dropping out to pursue REI
Hello I am 20 years old in my 2nd semester of college. I live alone, am single, have no children. I have no dependents, no car notes, nothing except rent, gasoline, food. The bare minimum. I have a part time job that ...
Account Closed
"Replace Your Mortgage" HELOC Strategy
Hi all. Apologies if this topic is addressed in another part of the forum; I've checked through and couldn't find anything which specifically addressed my question. I am a young investor with no experience when it com...